Technical analysis by CryptoBatez about Symbol ENJ: Buy recommendation (12/5/2024)

By understanding the stochastic RSI and how it works, you see that its the end of the run on the weekly, the weekly stochastic RSI is strong. And the 21EMA and 50MA will line up with the previous higher low. Going to the hourly time frame we have a symmetrical triangle, which should dump to the downside if it doesnt break out. Careful out there traders, this is a volatile time for bitcoin and alts.